Luxoft to Demonstrate Dynamic Open Source Software Defined Lab Platform at Mobile World Congress, 2017

Mobile World Congress (MWC) takes place in Barcelona, Spain on February 27 – March 2, 2017

NEW YORK--(BUSINESS WIRE)--Feb. 23, 2017-- Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, will be demonstrating their commercially available open source Software Defined Lab (SDL) platform that reduces time to market for network operators. An important component of the platform is based on Telefonica’s contributions to the European Telecommunications Standards Institute (ETSI)-hosted Open Source MANO (MANagement and Orchestration).

“Luxoft is excited about demonstrating our SDL Platform as a commercial example of next-generation software defined network framework in conjunction with hardware-based legacy systems,” said Vasiliy Suvorov, Luxoft’s Vice President for Technology Strategy. “Luxoft is well positioned in the combined open source efforts of Telefonica and other vendors to cover the full spectrum of steps needed to facilitate and automate redeployment service validation for network operators enabling faster time-to-market and reducing operational overhead.”

The demonstration will be available to view at MWC at Luxoft’s Hall-2 executive meeting room A12MR. Please click here to request a meeting with Luxoft.

About Luxoft

Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 32 dedicated delivery centers worldwide. It has more than 12,000 employees across 39 offices in 19 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com.

Forward-Looking Statements

This news release of Luxoft Holding, Inc (“Luxoft”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F for the year ended March 31, 2016 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.

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Source: Luxoft Holding, Inc

Luxoft Holding, Inc
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